Every one who invest in insurance scheme will be under the impression that he will get following benefit:

1.Securing his family in case of his absence.
2.Covering the risk.
3.Investment cum risk cover.
4.Deduction under section 80C to save tax.

Some will always say insurance willnot yield anything to me as it is long term and meant for his nominee and turn a deaf ear for it.

But But there is a way where one can think of investing his money with life cover which comes handly with Metlife insurance policy plan name called "Met growth super" (A Unit-Linked Endowment Plan) where in one can enjoy the benefit of market plus can invest systemtically every month and it is unit linked plan. As we invest every month a small amount which starts with just Rs.2000 we have covered the risk of market volatality.

Some of the key benefits of this scheme are:

• An investment solution to helps you achieve your accumulation goals systematically.
• Optimize your returns on investment through combination of investment options
• Flexibility of partial withdrawals allows sudden cash requirements not become burdensome.
• Increase potential for fund build‐up – 105% ‐ 120% of first year premium contribution added as
  a guaranteed loyalty addition
• Flexibility of partial withdrawals allows sudden cash requirements not become burdensome
• Easy liquidity in case financial emergencies or otherwise as 2 partial withdrawals free of cost after the third year
• 12 free switches in a year
• Accidental Death Benefit and Critical Illness RiderTax saving on investments.
• Remain invested in best asset class as per changing markets. 
• Option to Switch across funds helps dilute the repercussions of market downturns.

if some one interested and wish to know they can feel free to mail at at cosmicsanthosh@gmail.com or call Mr. Kumar .S (9902977233)

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New mediclaim policy from Met life:

Met life India has launched one of the best and unique Health care plan for every one. Met Health care is a health insurance plan. Now a days health care expenses are unbearable by an individual if he plans to finance the same by himself. As per the survey Coverage of health insurance is limited to only about 5% of the population Out of which, only 10% have an individual health insurance policy. The remaining are covered by various employer schemes as well as government led schemes.

So what is needed is a plan with a simple benefit structure covering all expenses,A plan where the customer can easily ascertain what can be claimed,A plan where the customer is not tied in to network hospitals alone,A single plan which provides for multiple coverages plan which can cover the whole family,A plan which not only pays when you are in hospital but also pays in case you don’t use the policy,A plan which assures long term cover,A plan which has a hassle free entry process,And most important, a plan which has a simple process for making claims AND GUARANTEES THE PAYMENT OF THE CHOSEN HCB.What

Met health care plan will offer:Daily Hospitalization Cash Benefit (Ranging between Rs.1000 to Rs.5000 Per day), Daily ICU Cash Benefit Recuperation Benefit Critical Illness Benefit Accidental Total & Permanent Disability BenefitInterestingly no medical check-up needed for the person for taking-up this policy. The coverage of the policy is up to the age of 55.

• It is a family policy where in one policy covers the whole family.
• For each year claim free year, a 10% No Claim Discount is provided on the initial premium.
• Up to a maximum of 50% No Claim Discount can be accumulated.
• On the occurrence of claim, the NCD will be set to zero.
• A customer can start accumulating the NCD again thereafter.
• NCD will be applicable even if the premium has been reset.
• Tax benefit up to Rs.15000.00 under section 80D

How much I need to pay:

Premium will start with as least as Rs.3687 per year for an age group of 26 to 30 and for a sum assured of Rs. 1,00,000.00 for 10 critical illnesses including 1.Heart Attack 2.Surgery to coronary arteries 3.Heart Valve Replacement 4.Stroke 5.Kidney Failure 6.Paralysis 7.Cancer 8.Major Organ Transplant 9.Blindness 10.Aorta Surgery

Interested to know more contact cosmicsanthosh@gmail.com or call 9902977233

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Reverse Mortgage is an unique conept to earn extra income out of your own home.
As the real estate prices are in boom and house construction materials are becoming costly, it is very difficult to construct a house. Every one between the age group of 30 to 55 or 60 always dream of owing a house at least at their retired age, but it is very difficult as they will have to procure funds for their retirement also. In today’s scenario, no one wants to depend on their children at their retired age.

Therefore, people think hundred times before constructing a house by using all their lifetime savings. If they do so, they will not be having any income to live.

Now, there are two options before them. One is either to construct house from their savings, other is to go for a pension scheme. At this scenario he can avail benefits of only one option. But, both are very important as they are very much related to his financial as well as emotional status.

The solution for realizing both is “The Concept of Reverse Mortgage”.

Reverse Mortgage can be well defined as “a scheme under which a bank or financial institution permits the owner of a house to leverage the future value of the asset in to a steady source of income”. Reverse Mortgage allows elderly people to have a steady stream of income by mortgaging self occupied property to banks or eligible financial institutions while continuing to live in and hold the title of the house till he is alive or sells the house or moves out.

The Reverse Mortgage is aptly named because the payment stream is ‘reversed’. Instead of making monthly payments to a lender, as with a regular mortgage, a lender makes payments to the borrower. In case of a regular mortgage, the borrower mortgages his existing property and uses the amount to finance the property or for any other purpose and is required to repay the loan amount in the form of Equated Monthly installments (EMI). The EMI would include the loan amount and the accumulated interest. The property mortgaged serves as a collateral security for the loan borrowed. In case of a regular mortgage the property is redeemed by repaying the loan amount within the permitted tenure during the lifetime, whereas in case of reverse mortgages the property finances a given tenure of life and is used to redeem the debt after the demise of the title holder.

In India, Reverse Mortgage is a new concept and hardly few people are aware of this. Recently, Union Finance Minister P Chidambaram in his Budget speech mooted the concept of reverse mortgage for people aged more than 60 years. This concept is new to India but quite popular in developed countries helping senior citizens to generate some cash flow. As a financial planner I personally recommend one to go for this. Because, it gives the satisfaction of living in the own house, moreover it helps to procure funds for retired life.
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Cosmic Financial services is a reputed Indian financial services group. The group has tied-up with Kantilal Chhaganlal is a name synonymous with wealth management .Established in 1954; Kantilal Chhaganlal has stood the test of time which speaks volume about the reliability, stability and expertise of the firm for trading in securites in NSE,BSE.

Cosmic offers wide range of service like mutual funds,Life insurance product through Metlife India Insurance company Ltd. (MetLife India Insurance Company Limited (MetLife) is an affiliate of MetLife, Inc. and was incorporated as a joint venture between MetLife International Holdings, Inc., The Jammu and Kashmir Bank, M. Pallonji and Co. Private Limited and other private investors.)

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